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It can provide job safety only to folks at the assembly line. Even with record profits and huge backlog companies nowadays can do layoffs to please shareholder
by ponector 3y ago
It can provide job safety only to folks at the assembly line.
Even with record profits and huge backlog companies nowadays can do layoffs to please shareholders. Like Microsoft did.
There is no such thing as job security anymore. Successful companies can do layoffs anytime. Why not to layoff people if they can hire in cheaper locations?
- FirmwareBurner 3y ago>Successful companies can do layoffs anytime. Depends. Airbus probably has a strong union in France so mass layoffs especailly during pofitable times seem as likely as contact with aliens.
- ponector 3y agoStrong union in France would be pleased if Airbus decides to layoff folks at their plant in Mobile, Alabama.
- FirmwareBurner 3y agoWhy would they though? Having a presence on US soild is a vital strategical and political baragaining chip for Airbus. They wouldn't jeopardize that.
- sofixa 3y agoThe Mobile plant is working heavily to serve the US market with A320s and A220s (on which production is starting to ramp up), so no, there is no place for layoffs while demand far outstrips supply.
- wasmitnetzen 3y agoRoughly 25% of Airbus SE stock is owned by Germany, France and Spain.